Pine Tree Equity Generates 5.6x on First Five Exits
Pine Tree Equity has generated 5.6x or a 62.3% IRR on its first five exits. Pine Tree Equity, based in Miami, FL, is a private equity firm focused on the investment in and expansion of small capitalization companies – with revenue of $10.0 million to $50.0 million – in partnership with founding management. The firm is investing out of its third fund, and has committed capital.
Since its inception in January 2007, Pine Tree Equity has closed 25 acquisitions with founding entrepreneurs in a variety of industries, including consumer, business and financial services. Despite the most challenging market, Pine Tree has never had an impairment or a loss of capital. Its track record is extremely consistent while delivering substantial returns on realized investments. Moreover, entrepreneurs and management teams have generated an even greater return of 8.3x rolled equity via a combination of both capital appreciation on rolled equity and Pine Tree Equity’s option program.
“Our team accounts for the largest percentage of the firm’s capital; and as a result, we are truly investors in our businesses where our interests are closely aligned with that of our partners,” said Jeff Settembrino, Pine Tree’s Managing Partner. “We prefer to be highly selective in our investments so we can focus our committed capital and our proven experience to help entrepreneurs in a concentrated way and with deliberate effort. We are keenly aware of the opportunities and risks distinctly facing small business owners, and we close deals with certainty and speed when we are confident that we can provide the greatest risk adjusted returns.”